SmarterDividends

BAC vs RGA: Which Is the Better Dividend Stock?

As of September 2026, RGA (Reinsurance Group of America, Incorporated) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BAC offers the higher yield at 2.04%, RGA has the higher dividend-safety score, and BAC trades at the larger discount to fair value (+44%).

MetricBACRGA
Forward yield2.04%1.55%
Annual dividend$1.28$3.92
Payout ratio26%16%
Years of growth12 yr16 yr
5-yr dividend growth8.4%5.4%
5-yr total return48%128%
Dividend safety score86 (A)94 (A)
Fair value estimate$90.46$153.94
Upside to fair value+44%-39%
Frequencyquarterlyquarterly
Market cap$438.3B$16.5B
P/E ratio14.511.1

Higher yield

BAC

2.04%

Safer dividend

RGA

Grade A

Faster growth

BAC

8.4%

Better value

BAC

+44% upside

BAC vs RGA — FAQ

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